Labor: A Need for Jawboning

President Johnson's 3.2% guidelines for wage
and price increases are, in the light of some 1966 labor contracts
negotiated with Administration approval, about as up-to-date as last
year's newspaper. Nevertheless, the Administration intends to carry on
what an aide calls "a jawbone campaign" urging wage restraint and a
return to 3.2%. The reason is that wages are a key factor in the fight
on inflation, and in 1967 no less than 32 major contracts will be up
for renegotiation.

Of the 32, twelve are especially critical because they involve large
groups of workers and some basic industries. The twelve: